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Will Samsung complete layoffs of 125 employees in Ridgefield Park, NJ by December 26, 2024?
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Samsung Electronics America•Ridgefield Park•New Jersey•Southeast Asia•Australia•New Zealand•United States
Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements from Samsung, WARN notices, and local news reports
Story
Samsung to Lay Off Thousands Globally, Including 125 in Ridgefield Park
Oct 1, 2024, 03:27 PM
Samsung Electronics America will lay off 125 employees in Ridgefield Park, New Jersey, on December 26, 2024, as indicated in a WARN notice. The company is implementing worldwide layoffs, which will affect thousands of jobs. The layoffs are part of a cost efficiency program and will impact workers in Southeast Asia, Australia, New Zealand, and the United States. Reports indicate that up to 10% of the workforce in some markets could be affected.
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